| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 22° or below | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 23° to 24° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 25° to 26° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 27° to 28° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 29° to 30° | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 31° or above | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market tracks the official minimum temperature recorded in Chicago on April 7, 2026. It serves as a derivative instrument for traders to speculate on meteorological outcomes in a major urban center.
Chicago experiences high climate variability in early April as it transitions from winter to spring. Historically, the city has seen everything from late-season freezing conditions to unseasonably warm weather during this period. Market participants must weigh long-range climate trends against the inherent volatility of mid-latitude weather systems.
The prices on this market reflect the collective expectations of participants regarding the most likely temperature range for that specific calendar day.
This market utilizes official data from the National Weather Service (NWS) as recorded at the designated official observation station for Chicago.
Market resolution typically relies on the final, verified temperature reading provided by the primary official meteorological source.
No, this market tracks the official ambient air temperature only, not wind chill or 'feels-like' indices.
The official station reading is the definitive source, even if temperatures vary across different neighborhoods or suburbs within the Chicago metropolitan area.
The lowest temperature is the minimum value recorded during the 24-hour period of April 7, 2026, based on the local time in Chicago.